This transaction
Acquisition of shares and conversion into a subsidiaryThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Sales of FA equipment manufactured by Mitsubishi Electric
Immaterial
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares and conversion into a subsidiary |
| Counterparty name | Mitsubishi Electric Corporation |
| Name of the Subject Company | 四国三菱電機販売株式会社 |
| Business Description of the Subject Company | Sales of FA equipment manufactured by Mitsubishi Electric |
| Location of the Subject Company | Takamatsu, Kagawa Prefecture |
| Date of Establishment of the Subject Company | 1983 |
| Number of shares acquired | 1,000 shares; number of voting rights: Not disclosed |
| Voting rights ownership percentage | After 100% (issued shares) (before not disclosed) |
| Impact on Business Performance | Immaterial |
| Date of board resolution | 28 September 2026 |
| Contract Date | 28 September 2026 |
| Execution Date / Effective Date | 5 January 2027 (scheduled) |
| Management structure after acquisition | Following completion of the acquisition, 四国三菱電機販売株式会社 is scheduled to be absorbed in a merger effective 1 April 2027. However, no formal decision has been made as of the present date. |
Items this document does not state (19)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The transaction will combine 四国三菱電機販売株式会社’s locally focused customer base with RYODEN’s systems integration capabilities, financial resources, specialized personnel and nationwide support network to improve business efficiency, sales capabilities and the customer base, while advancing its global strategy and expanding its business and development areas.